Volkswagen, the namesake brand of the Volkswagen Group, expects half of its vehicles sold in China to be electric by 2030.
This is part of Volkswagen's strategy, called Accelerate, unveiled late Friday, which also highlights software integration and digital experience as core competencies.
China, which is the largest market for both the brand and the group, has been the world's largest market for electric cars and plug-in hybrids.
There were 5.5 million such vehicles on its roads by the end of 2020, according to statistics from the Ministry of Industry and Information Technology.
Last year, 2.85 million Volkswagen-branded vehicles were sold in China, accounting for 14 percent of total passenger vehicle sales in the country.
Volkswagen now has three electric cars in the market, with another two built on its dedicated electric car platform to follow soon this year.
The brand said it will unveil at least one electric vehicle every year to realize its new electrification goal.
In the United States, Volkswagen has the same target as in China, and in Europe it expects 70 percent of its sales by 2030 to be electric.
